The regular rules for how real estate tax deduction are taken are different in the case of reverse mortgages. It’s important to understand the distinction in order to ensure that you’re planning ahead in the most optimal way.

On December 19th, Forbes published an article entitled “5 Questions to Ask Before You Get a Reverse Mortgage”* by contributor Nick Clements. Nick points out in the article the rising popularity of reverse mortgages, especially among seniors.

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American Pacific Reverse Mortgage Group is a division of American Pacific Mortgage Corporation. NMLS#1850 | BRE#01215943 Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Equal Housing Lender.